The Page 1 Podcast
The Page 1 Podcast is a weekly show that features a variety of guests and thought leaders on topics ranging from channel strategies, to tariffs, influencer marketing, best in class product launches, and all the details about how to accelerate your eCommerce sales with the big box retailers, or what we call rCommerce.
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Selling your Amazon Product Business - Sarah Dajani Ep94
05/07/2021
Selling your Amazon Product Business - Sarah Dajani Ep94
How to Increase the Chances of your Amazon Business Getting Acquired Have you been thinking of exiting your eCommerce business but don’t know where to start? Or maybe you don’t know whether your business is in the right position to attract good buyers? How about positioning your eCommerce business rightly and taking it to the next level, especially now during the eCommerce high? In this episode of the Page One Podcast, Luke Peters interviews Sarah Dajani, the Vice President of Operations at Boosted Commerce. She’s a Phi Beta Kappa graduate from Princeton University and has a Master’s in Business Administration from Stanford University. She explains the lessons of being a good student and the value of staying connected that she learned from Princeton and Stanford. Listen in to learn the importance of trusting the entrepreneurial process and learning as you grow, to succeed. You will also learn how companies like Boosted Commercial are changing the eCommerce business dynamic. Key Takeaways: How to achieve your set goals and excel by putting in the work and trying more than once. The impact of the pandemic on eCommerce, especially on Amazon. The power of having access to knowledge, people, and institution to understand the economy and find success. Episode Timeline: [3:27] Sarah explains how to trust the entrepreneurial process and learn as you grow. [6:16] How she put in the work to get into Princeton and Stanford plus get a job with Bain. [8:15] The lessons of being a good student and the importance of staying connected she learned from Princeton and Stanford. [11:34] How Boosted Commerce buys and grows eCommerce businesses. [15:39] How she works with brand managers at Boosted to grow and maintain those brands. [17:56] The relationship that Boosted aims to build with eCommerce business owners during and after purchasing their businesses. [20:31] The importance of positioning your eCommerce business to the next level to prepare for exit. [22:44] Why the valuation of eCommerce businesses has changed over time. [26:44] Understanding what Amazon will and will not become over the long term. [31:27] She explains why companies like Boosted are here to grow businesses on Amazon and not chase them away. [35:21] The different ways to have access to knowledge, the right education, and the right network. Quotes: “What Amazon’s system rewards companies for is bringing additional traffic to the platform.”- Sarah [31:56]
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Built to Sell: How to Exit with Private Equity- Sean Belnick Ep93
04/30/2021
Built to Sell: How to Exit with Private Equity- Sean Belnick Ep93
Built to Sell: How to Exit in Private Equity Have you been thinking of selling your business but don’t understand how to go about it? The process of selling a business is a complex one that can take up to several months and in some cases end up not happening. That is why in this episode of the Page One Podcast, we have Sean Belnick to share how he successfully exited his business after growing it from $0 to $300 million in value. Sean founded Belnick, Inc in 2001 and successfully completed an exit in early 2017, and transitioned to a full-time board member in 2019. Belnick, Inc continues to remain one of the largest distributors of furniture to internet-enabled retailers and services tens of thousands of customers nationwide. Listen in to understand the process of successfully selling a business without jeopardizing its values and objectives. You will also learn why selling to the highest bidder isn’t necessarily the best thing for your business. Key Takeaways: Why it is challenging to sell a business that requires large working capital. The importance of ensuring you and the investors see things the same way before creating a purchase agreement. Why selling your business value is not the most critical part of the selling process. How to be successful in business by staying true to your values and focusing on customer needs. Episode Timeline: [1:55] Sean describes what Belnick Inc. does, which is to primarily distribute office furniture. [4:49] The benefits of starting a West Coast office as an East Coast distribution company. [7:00] How he scaled Belnick Inc. from $0 to $300 million from 2001 to 2021. [9:01] Why it was difficult to sell Belnick Inc. over the years and how they improved to appeal to investors. [13:06] Things to pay close attention to, to sell your business at the right time and for what it’s worth. [16:07] The process of going to market, how they approached the purchase agreement, and the challenges they encountered. [20:12] Making sure your business values and objectives are in alignment with those you sell your business to. [22:14] Sean describes the time consumption and hurdles they faced during the sale process. [28:17] The long-term equity versus making more profits perspectives that Sean and his buyers had. [30:59] He explains how he transitioned from a CEO to a full-time board member. [33:20] The importance of working hard and solving a customer’s problems to create a successful brand. [37:49] He talks about his latest passion for helping small business owners and people with ideas. Quotes: “The person who invents the idea isn’t necessarily the one who monetizes it the best way.”- Sean Belnick [36:28]
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Amazon 1P vs 3P selling secrets and strategy ideas – Dr. Robin Gaster Ep92
04/23/2021
Amazon 1P vs 3P selling secrets and strategy ideas – Dr. Robin Gaster Ep92
Dr. Robin Gaster: How to Approach Selling on Amazon for Business Success Is it time for you to make the exclusive brands’ partnership program with Amazon? How will having a deal with Amazon to market your brand on their marketplace benefit your brand? Is it worth it or even smart to completely leave it to Amazon to handle your brand on their platform? In this episode of the Page One Podcast, we have Dr. Robin Gaster to discuss Amazon’s exclusive brands, 3P vs. 1P, and Amazon’s private label. He’s the CEO of Incumetrics, a data and analytics firm focused primarily on innovation, and a visiting scholar at George Washington University. He has a master’s degree in philosophy and a PhD in political science from Berkeley. Listen in to learn why you should focus on building and strengthening your brand outside of Amazon to become successful. You will also learn why going 3P on Amazon will lead to more success in your business than selling 1P. Key Takeaways: Why you shouldn’t rely on Amazon to build your brand. How to avoid the risk of 1P on Amazon by making 3P successful for your business. Why the possibility of Amazon’s private-label going away is high leaving it a marketplace only. The importance of building and owning your brand outside of Amazon. Episode Timeline: [1:35] Robin describes the strategy and data evaluation work he does for government agencies. [5:53] Understanding why Amazon is building exclusive brand partnerships. [10:50] The disadvantage of Chinese manufacturers selling directly to US consumers through Amazon. [16:38] Why the idea of Amazon’s idea of building exclusive brand partnerships will not benefit your business. [26:40] Why Amazon is pushing companies from 1P to 3P and why you should make your 3P successful. [29:58] Amazon’s private-label business and its difference from the exclusive brands’ program. [33:23] Why Amazon’s exclusive brand partnerships are more of Amazon’s business rather than building brands. [39:20] Why Amazon’s private label isn’t significantly growing due to its low unit price. [42:17] Dr. Robin explains why there’s no possibility of a worthy Amazon competitor now and in the future. [43:42] Why Amazon should focus on healthcare in the next 5 years. [45:03] Dr. Robin talks about his book and how it explores the topic of Amazon. Quotes: “Make sure you got the right team and don’t try and overpower the team as the founder.”- Robin [4:19]
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Leadership Lessons and Pivoting for Growth– Jim Schleckser Ep91
04/16/2021
Leadership Lessons and Pivoting for Growth– Jim Schleckser Ep91
How to be a Good CEO That Succeeds in Business Growth – with Jim Schleckser Are you a good CEO or just an average CEO? Do you look for the point of constraint in the business or just sit around not understanding what the job is? Great CEOs are effective and don’t work crazy hours to meet their goals; they instead look for constraints and work towards untying them to continue growing the business. In this episode of the Page One Podcast, we have Jim Schleckser, he helps leaders grow companies. He and his team at the Inc. CEO Project work with over 100 CEOs of high growth companies to identify and obliterate the things that stand between them and continued organizational success. Jim has over 30 years of leadership in business strategy, technology businesses, process improvement, organizational development, mergers and acquisitions, engineering, and sales and marketing. Listen in to learn how to find ‘kinks’ or constraints in your business as the CEO and work towards untying them together with your team. You will also learn the power of crafting a great customer experience for your business to succeed in the eCommerce space. Key Takeaways: Why you shouldn’t share all your vision points with your team at once. How to be a good communicator to your team by meeting them where they are and framing your message how they’ll understand. How to be flexible with your planning and not be bound by annual planning. How to build a surprising and fun quality to differentiate your business online and offline. Episode Timeline: [1:52] Jim shares his experience climbing Kilimanjaro. [5:19] The difference between good CEOs and average CEOs in problem-solving and effectiveness. [7:54] A story of a CEO who pivoted and continued to grow the business during the pandemic. [11:47] How not to make the mistake of sharing your vision points with the team all at one go. [16:20] How to effectively communicate as a leader by meeting your message receiver where they are. [21:22] How to approach new ideas with the team by either shifting or adding the talent. [26:38] How to craft your customer experience to perform great in eCommerce. [37:21] Jim explains why they spend most of their time driving for business growth. [38:48] The importance of innovating and improving your business model to continue growing your business. [42:17] He talks about his new book Professional Drinking, which is about networking confidently. Quotes: “Great leaders are thoughtful about their audience, and they frame and share the message in a way that their audience can receive it.”- Jim [18:43]
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How Malcolm Fontier learned from a failed business to build a brand focused business – Malcom Fontier Ep79
04/13/2021
How Malcolm Fontier learned from a failed business to build a brand focused business – Malcom Fontier Ep79
Why You Should Build A Business Around Your Passions Thinking of starting a business, how about starting one that aligns with your passion? The truth is that you’re more likely to succeed in what you enjoy doing than in something you don’t. In this episode of the Page One Podcast, Luke Peters speaks with Malcolm Fontier, an industrial designer environmentalist and the founder of Pakt & SeaHive. Pakt creates thoughtfully designed and responsibly sourced travel accessories, while SeaHive helps prevent plastic waste from entering the oceans. Malcolm explains the lessons he learned from a failed business and then designed a business built around his passions. Listen in to learn the importance of a work-life balance to ensure you remain efficient and productive in both areas. You will also learn why having fewer options in your business will make it easier for you to operate it successfully. Key Takeaways: The importance of developing a work-life balance to ensure efficiency and forward progress. Understanding how having fewer options in your business make running things easier and efficient. How to create a brand that is more human and is focused on creating great relations with its customers. The power of optimizing and delegating to be productive, not just busy. Episode Timeline: [1:46] Malcolm explains the travel products his business produces, plus the direct-to-consumer business strategy they use. [4:16] He describes his small team and the tech tools they utilize to run the business. [6:10] How they give priority to profit margins, sales margins, and producing quality products as their three main KPIs. [9:00] Malcolm narrates what led to the failure of his first business and how it contributed to him venturing into sustainable travel bag production. [14:58] How Malcolm balances his work and life by giving his all to both. [17:18] Why he doesn’t think of his business as a lifestyle business but as something they can build and hopefully sell in the future. [19:37] Malcolm explains the few options that have made business operations easier for him. [21:59] How to establish a community of customers around good and long-term relationships. [26:18] He explains why they focus on being profitable on the first order and breaks down the conversion rate of their products. [30:59] Why you should pursue a business that aligns with your passion, plus work smart to free up your time. Quotes: “Whatever business you’re going to pursue, make sure that the core business activity aligns you’re your strengths and interests.”- Malcolm [31:01]
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Coming to America: How International Companies Can Enter The USA Market- Fernando Cariello Ep89
04/02/2021
Coming to America: How International Companies Can Enter The USA Market- Fernando Cariello Ep89
Coming to America: What You Need to Know About Expanding Your Business to the US Market Have you been thinking of expanding your business to the US market? Different markets operate differently due to different trade regulations and consumer behaviors. It is important to have the right information and support when entering the US market to ensure success. In this episode of the Page One Podcast, Luke Peters speaks with Fernando Cariello about the dos and don’ts when penetrating the US business market. Fernando has 29 years of international experience, 23 years in High Tech, and 16 years supporting IT companies to establish operations in the US. He’s a partner of the incubator CuboStart, under the lean startup concept, and co-founder of Base Miami, an accelerator supporting technology companies to develop business globally using Miami as a platform. He’s also a mentor and investor in technology-based companies, with 9 current portfolio companies, and 4 exits. Listen in to learn how and why some businesses fail and others succeed in the US market. You will also learn about the common mistakes you should avoid when entering the US market to avoid failure at first glance. Key Takeaways: How to understand the difference between your country and the US market and consumer behaviors. How to use your creativity and start a business in an unpopular niche that makes more money than the popular niches. The importance of having financial capabilities when expanding your business to the US market. Episode Timeline: [2:31] He explains how they help overseas companies that want to operate in the US. [4:48] How overseas businesses fail in the US for not understanding their market or adopting the US way of doing business. [7:52] He explains how a Brazilian tech company succeeded in the US market doubling its profits and size. [9:52] Understanding the difference between your country’s market and the US market, plus the Americans purchasing behaviors. [13:50] The impact of how trade laws, regulations, and restrictions work in different countries like Brazil and how they work in the US. [17:54] The importance of starting a business in an unpopular niche since that is where the money is, plus an example in the food business. [21:56] How to start your business with a business model canvas to help guide you. [24:45] Fernando explains the common mistakes that businesses make when expanding to the US market. [27:56] He advises on the importance of maintaining good relationships with the people who closely relate to your business. Quotes: “Americans don’t buy based on pricing; they buy based on value and risk assessment.”- Fernando [10:41]
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Commodity price increase & USA Made Commando Lock - Matt Damman Ep88
03/26/2021
Commodity price increase & USA Made Commando Lock - Matt Damman Ep88
How to Pitch Products to Major Retailers Plus Surviving the Impacts of the Pandemic How did the pandemic transform your business’s operations and sales efforts? We have to admit that even with the many challenges we faced during the pandemic, many businesses have adapted through the adversity to become even better in their operations. In this episode of Page One Podcast, Luke Peters speaks with Matt Damman about the positive and the negative impacts of the pandemic on the newly transformed Commando Lock. Matt is the CEO of Commando Lock company in Michigan, a growing manufacture of military-grade padlocks and security systems, and an entrepreneur. Listen in to learn how the increase in the cost of raw materials and challenges with labor is affecting production processes. You will also learn the different ways you can pitch your product to major retailers. Key Takeaways: How to successfully pitch your products to different retailers The impact of the raw materials like brass and steel cost increase The uncertainty in sales performance for most businesses caused by the current world inflation How challenging times force you to refine your product and become more efficient in what you do Episode Timeline: [2:10] Matt describes what they do at Commando Lock, which is manufacturing military-grade locks. [3:57] He talks about the delays and sales growth they experienced during the pandemic. [6:40] The big companies they have been able to pitch to over the last several months. [9:14] He explains how to pitch products to major retailers through cold calling and presentation. [14:19] How their sales have been performing on different platforms plus how they were shut down on Google. [20:36] The raw materials cost increase and labor challenges that Commando Lock has experienced since the pandemic. [27:31] Why Commando Lock is highly contemplating cost increases to cover the production cost. [29:55] Matt explains their funding through credit and private investors to keep them afloat. [32:37] How they’ve been forced by the pandemic to become more efficient in manufacturing. [35:14] Matt explains their plans of getting into Home Depot and not taking out the competition. Quotes: “Our products were well packaged. Retail quality packaging. We had UPCs. We were able to walk in and say that we were EDI compliant.”
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Moving from Amazon Vendor Central to Amazon Seller Central Ken Kline Ep87
03/19/2021
Moving from Amazon Vendor Central to Amazon Seller Central Ken Kline Ep87
Ken Kline: How to Adapt to Changes to achieve a more Profitable Business (From Traditional to Online) How do you handle changes from a business perspective? How does it affect your goal in achieving a profitable marketplace? In this episode, Luke Peters speaks with Ken Kline about how his business burned down and resurrected it from the ashes. Ken Kline, is helping clients at all retail levels to maximize their business model while operating with best practice in VHC Brands, Inc. He enjoys working with all levels of the business but has a particular emphasis on Product Development, Sales, and Creative/Marketing. Learn the value of using mass retail marketplaces instead of traditional, curated retailers. The importance of moving forward despite the big impact of certain problems, its effects in the business, and how to adjust with the changes that needs to be done. The importance of being resilient and being able to find ways to stand out. Key Takeaways: How important to implement profit and how you expand your contributors. How to leverage the major marketplace platforms to become a leader in the field. The importance of building core data. Episode Timeline: [1:52] He describes the types of products that they create and sell. [2:18] He talks about their biggest customers that they work with, footprint, location, and the number of team members. [3:23] Talked about the private label in Amazon [4:16] Talking about if it is a consignment or taking full ownership [5:26] About square footage and number of team members [6:12] About where their imports come from [7:28] The marginal goal that they went and how they set it up [11:05] Deciding which customers they were contributing the most profit [14:56] Talks about the price increases, biggest contributors [16:33] Net margin points gained [17:36] Talked about the give and take why they moved over [18:22] Talked about their bottleneck [22:11] About the core Netsuite [25:42] NetSuite and managing international warehouses [33:52] His decision as to why he made the changes and what were the results [37:04] if there were problems they encounter about jack up prices. [41:24] How the future looks like and they are in full control [46:52] What he learned the most that he can share with business owners & Key Business Takeaway Quotes: “So, my first piece of advice is if anyone had come out of a business in 2020, not thinking they need some kind of planning, please get a plan.” [48:52]
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How Dansons Family Business Managed 40% Growth – Jeff Thiessen EP86
03/12/2021
How Dansons Family Business Managed 40% Growth – Jeff Thiessen EP86
Achieving Authentic Business Growth During the Pandemic What is the strategy to successfully growing a privately owned and funded business, especially during COVID? Hiring the right people as part of your team and striving for authenticity make all the difference in growing a business. In this episode of the Page One Podcast, Luke Peters speaks with Jeff Thiessen on massive business growth and hiring right during the pandemic. Jeff is the President and International Sales Manager for Dansons Inc. He has held various positions within a hearth distribution company and spent several years learning all aspects of the hearth and BBQ industry, including sales, transportation, and distribution. Listen in to learn the importance of acquiring and retaining highly valuable people to drive the growth of your company. You will also learn how to approach effective and authentic marketing strategies. Key Takeaways: How COVID taught businesses to plan ahead to be prepared for any possible crisis. The importance of having the right team to help manage things when planning ahead. How to strategically grow a family-owned and funded business. The value of hiring leaders and teams for their teachable attitude and skillsets and not their academic achievements. Episode Timeline: [2:53] Jeff explains how things worked out for Dansons months after COVID started. [4:51] How advance planning with suppliers worked out for Dansons during the pandemic. [7:59] How to expand your bandwidth to handle a business’s demand and supply. [9:44] He explains how they have been able to strategically manage the business as a family business without any outside funding. [13:24] How Dansons have grown on socials with influencers and association with other brands over the last year. [16:09] He explains how they approach in-house marketing to maintain the business’s authenticity. [18:54] How they strategically market their products not to compete with their retailers. [21:46] How they highly depend on great leaders and teams to run things smoothly plus prayer. [24:52] Jeff explains their growth goals, offering the best without focusing on the competitors. [29:40] The key strategic hires that Dansons has done over the last year as they continue to expand. [37:11] The importance of hiring people according to their skillsets and the right attitude, not their academic qualifications. [40:03] Jeff describes how COVID has changed his perspective both professionally and personally. Quotes: “Other companies look at their businesses as financial instruments to just make money, we just like making great products so people can interact with.”- Jeff [12:29] “There’s no fancy software that’s going to help you overcome not having great people.”- Jeff [23:03]
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How to Successfully Turnaround A Failing Business- Andy Bailen Ep85
03/05/2021
How to Successfully Turnaround A Failing Business- Andy Bailen Ep85
How to Successfully Turnaround A Failing Business How do you effectively turnaround a failing business? Many elements including less profits, bad leadership, and a crisis like Coronavirus can lead to a business failure- and it requires a strategic plan, objectives, and goals to complete a successful turnaround effort. In this episode of the Page One Podcast, Luke Peters speaks with Andy Bailen on how to successfully turnaround a failing business. Andy founded 3Pe Consulting in 2009 and is an accomplished retail and consumer products senior C-level executive. He has an outstanding record of achievement in multi-billion-dollar companies as well as start-up businesses. Andy’s highly experienced in P&L management, strategic planning, business development, product development, global sourcing, finance, private equity, franchising, etc. Listen in to learn the importance of involving all business stakeholders in the turnaround process for it to be successful. You will also learn the value of having great people working for you as part of your trusted team. Key Takeaways: How a company’s leadership perspective can either make and break the turnaround efforts. The importance of talking to business stakeholders during the turnaround process, to help formulate the holistic view of a business existence then and now. The value of a robust balance sheet in a business for support during a crisis. The roles of a business’s leadership, teams, and departments in effecting a successful turnaround. How to use OKRs to measure goal effectiveness and teams’ performance accountability during the turnaround process. Episode Timeline: [2:10] Andy explains how they work in turnaround, temporary retailing, and franchising development. [3:19] He names some of the big companies they’ve worked with like Blockbuster, KB Toys, etc. [4:36] How he turned around Party City’s bordering bankruptcy situation to a success story. [7:29] How growth for the sake of growth instead of profitable growth ruins businesses. [9:45] He explains how the leadership of a company impacts the turnaround efforts of a business. [12:03] The steps that Andy and his team take into account during the first week of the turnaround process. [15:23] Why cash is the biggest concern for businesses to raise a turnaround flag, and not the other metrics. [17:18] Andy mentions all the KPIs they use, leading with profits and revenue margins. [22:14] Why businesses failed during the pandemic due to lack of sufficient working capital. [24:03] How a business leadership contributes to its failure and what needs to be done to have a successful turnaround. [29:40] Andy explains in detail how they use OKRs to drive for goal effectiveness and teams’ performance accountability. [35:29] How not to overwhelm the team with many goals and instead start with the high return goals. [39:55] Andy advises business owners to hire great people and allow them to work. Quotes: “In many cases, I found that leadership of a business just simply won’t face the reality that their business is either struggling or even failing.”- Andy [10:14] “Seventy percent of the time or so the companies are truly in trouble in losing money and burning through cash.”- Andy [14:40] “Many times, that senior leadership needs to change over to truly effect the successful turnaround.”- Andy [25:22] “You want to set goals around each element that goes into achieving the high-level goal.”- Andy [33:35] “You get much greater buy-in to the go-forward plan when you go to this turnaround effort collaboratively.”- Andy [34:25] “The one element of OKRs that I’ve seen people misunderstand from time to time is putting in immeasurable objectives.”- Andy [38:16] “Hire great people and let them do the work.”- Andy [39:55]
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From Chocolate to Wine – Business Turnaround Secrets – Joe Fisch EP84
02/26/2021
From Chocolate to Wine – Business Turnaround Secrets – Joe Fisch EP84
Joe Fisch: How to Turnaround a Failing Business into a Thriving Business How do you turnaround a failing business into a thriving business? How about improving the customer experience and adopting a great team strategy? Gaining back the trust of your customers by putting them first is a great way to turnaround a business. In this episode of the Page One Podcast, Luke Peters speaks with Joe Fisch on how he and his team turned around Wine Access to a trusted brand. Joe is the CEO of Wine Access, a leading direct-to-consumer online wine retailer offering exclusive curated wines from around the world. He’s the former Vice President of Finance and Administration in the same company and has a background in finance, having served in other organizations. Listen in to learn the importance of focusing on a customer experience strategy when turning around a company. You will also learn the importance of having great personal and professional support to perform at your best as a leader. Key Takeaways: How to transform a failing business into a successful one by focusing on pain points and customer experience. The importance of having a great management team to help the business move in the right way. How to let go of control as a leader and trust your team to utilize their expertise. Episode Timeline: [2:44] Joe explains how they source the best wine bottles in the world and market through storytelling. [5:08] He talks about their team size and their KPIs which are focused on customer experience. [8:09] How they shifted their focus to the customer experience at Wine Access after losing their business pillars for 2 years. [12:21] How he improved their wine supply by hiring right to make the process smooth. [14:37] How they improved the website by focusing on the pain points and upgrading the user experience. [16:37] The value of a great team in changing and driving the business forward. [18:00] Joe explains how they used their past failures to customers to straighten things out. [20:46] The importance of having personal and professional support to help you perform excellently as a leader. [23:09] How they’ve been taking more swings to encourage growth without unrealistic expectations. [24:53] The infrastructure challenge plus the tools they’re using to help improve operations. [27:00] The tools and products they use to manage the financial side of the business. [28:08] How Joe transitioned from financial language to understanding all departments’ languages. [30:55] Why you should spend more time with people to give you ideas on how to improve your business. [32:06] Joe advises maintaining the culture of not getting too high or getting too low. Quotes: “We’re going to be hyper-focused on what really drives the customer experience and anything that’s not really in that realm we’re going to push aside.”- Joe [11:12]
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Using Customer Product Reviews to Guide Your Business Strategy- Patricia Osorio Ep83
02/19/2021
Using Customer Product Reviews to Guide Your Business Strategy- Patricia Osorio Ep83
Patricia Osorio: How to Use Customer Reviews to Guide Your Business Strategy Did you know that you can use customer reviews to improve your product? Reviews give a great deal of consumer data that you can use to improve communication or product to fulfill customer needs. In this episode of the Page One Podcast, Luke Peters speaks with Patricia Osorio, the cofounder of Birdie. Birdie is a SaaS company with a powerful AI platform that captures customer feedback from multiple sources. She is also the co-founder of GVAngels, an angel investor group that invested more than $5 million in several startups, and an active angel investor. Patricia has a background experience with Marketing, Product Management, and Business Development. Listen in to learn how customer reviews can help you understand the improvements needed in your business. You will also learn why you should first understand consumer problems when dealing with negative reviews before taking major actions. Key Takeaways: The importance of consumer reviews in encouraging validation economy and collecting consumer behavior data. Understanding the consumer data you can get or not get from consumer reviews. How to monitor, moderate, and reply to customer reviews through a system of engagement. Episode Timeline: [2:46] Patricia explains how Birdie helps companies understand their customers’ needs in a constant and deep way. [3:49] How Birdie focuses on getting feedback where conversations about a brand’s product are happening online. [5:20] She talks about her education and entrepreneurial background plus how Birdie was started. [7:02] She describes Birdie’s key metrics that include a healthy pipeline for revenue generation and ensuring proper product engagement. [9:49] Why consumers require reviews before buying and the importance of reviews for a company. [11:25] Patricia mentions some interesting sources where consumers are having conversations that are beneficial for your product. [14:14] She describes some of the things your brand can do to improve your customer reviews. [16:23] She mentions some interesting insights Birdie’s customers were able to pull out of their campaigns. [19:27] The type of data you can’t get from consumer reviews and need to combine other strategies. [21:42] Why you should first try to understand customer problems before acting on a negative review. [25:04] The three-step process you need to follow to measure KPIs and take action to improve customer reviews. [29:41] Patricia explains the opportunities they had with their first customer. [32:02] How to approach hiring talent by showing them your vision and dreams so they can help you get there. [35:21] The importance of focusing on one thing at a time as an entrepreneur to get the chance to grow. Quotes: “If you look at every opportunity at once, you will never get to the first place that you planned to get.”- Patricia [35:45]
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How to Develop an MVP and Raise Capital for a Startup- Lauren Picasso Ep82
02/12/2021
How to Develop an MVP and Raise Capital for a Startup- Lauren Picasso Ep82
Lauren Picasso: How to Develop an MVP and Raise Capital for a Startup Thinking of launching a new product into the market? How about formulating an MVP to first test the market? This not only ensures feedback for your product before launching but also helps you understand what to invest in the business. In this episode of the Page One Podcast, Luke Peters speaks with Lauren Picasso, the CEO, and founder of Cure Hydration, an electrolyte beverage that comes in powder form. She has a background in e-commerce and marketing, having worked in startups like Jet.com. Listen in to learn the importance of raising capital for your startup at the right time. You will also learn the process of formulating and developing an MVP to experiment with your product before launching. Key Takeaways: The importance of sharpening your skills in business before starting one. The value of having in your team when starting out, someone who’s already done it before. Why you should prioritize hiring for the roles where you have the least experience. How to create value for a startup and waiting for the appropriate time to raise money. Episode Timeline: [2:08] She explains what Cure Hydration is which is an organic electrolyte mix for oral hydration. [5:04] She explains how they’re using the LTV metric as the core KPI driver at Cure Hydration. [7:25] She talks about her background in e-commerce and marketing in retail background. [8:47] The Grassroot marketing they did when they first started and are continuing to do for their product. [11:12] Why she started Cure Hydration which is an effective product for active people. [12:49] The process that Lauren used to formulate and develop an MVP. [18:07] How they bootstrapped the Cure Hydration brand before launching a pilot based on feedback and engaging investors. [20:38] Lauren describes the titles of the team that forms Cure Hydration and the roles they each perform. [22:24] How they’re differentiating themselves by being the only organic product in their category, plus their initial sales strategy before approaching retailers. [24:38] How investors cared about profitability and cash efficiency during the pandemic. [27:54] Lauren advises founders to have a mindset of experimentation and creativity. [29:07] She explains how she was inspired by her father’s entrepreneurial spirit. [30:41] What Lauren looks for in an entrepreneur before investing. Quotes: “What makes really a good entrepreneur is resilience, being able to handle rejection, and believes in their ideas.”- Lauren [30:56]
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4 Common Marketing Mistakes – Brad Horowitz EP81
02/05/2021
4 Common Marketing Mistakes – Brad Horowitz EP81
Brad Horowitz: How to Approach the Marketing of Your Business in 2021 What does your marketing strategy for 2021 look like? Are you utilizing all the available avenues to get your brand out there without breaking the bank? There are many ways you can reach your target customer and make sales like using social media and leveraging relationships without breaking the bank. In this episode of the Page One Podcast, Luke Peters speaks with Brad Horowitz, the CEO at Elite Marketing Group. He is a seasoned marketing leader, consultant, and speaker who is focused on delivering results-driven strategies to his clients. Listen in to learn the importance of measuring marketing metrics and the pitfalls you should avoid falling into when doing so. You will also learn the importance of outsourcing for a consultant to help you with your marketing strategy if you feel overwhelmed. Key Takeaways: How to leverage relationships to do affordable and effective marketing. How to measure your marketing objectives in both tangible and intangible ways. The importance of hiring a part-time expert to help your business with its marketing strategy on a budget. Learning how to stand out from the clutter on social media and digital media space to benefit from it. The value of engaging with your customers on social media or live as opposed to just marketing to them. Episode Timeline: [2:10] Brad explains what they do which is marketing brands, products, and services at events. [3:37] He talks about the types of companies they work with, which is a mix of both startups and large companies. [4:32] The types of marketing they do in addition to event marketing for companies. [7:01] Ways you can facilitate further purchasing after the type of marketing you’re engaging in. [8:36] Brad explains how to measure the outcome of any marketing efforts made by a brand or product. [11:16] The four common mistakes that businesses make when executing their marketing strategy. [13:09] Why you should be budgeting higher for your marketing strategy at its initial stages and make sure it delivering. [15:42] Why you shouldn’t focus on short-term tangible marketing when targeting the first-time sale. [17:59] How to utilize all available avenues to help with your marketing strategy as well as being the advocate of your business. [20:50] How to approach outsourcing for a part-time VP consultant to help you with your marketing strategy. [23:23] Brad explains some of the places you can get freelance/ part-time experts to assist you. [25:12] The digital trends that are going to shape businesses in 2021 and beyond. [28:00] The marketing lessons that Brad has learned in his marketing career. [31:06] Brad talks about a successful event they conducted for Nickelodeon that prompted immediate results.
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How to Build, Scale, And Sell Your Business- Chris Giles Ep80
01/29/2021
How to Build, Scale, And Sell Your Business- Chris Giles Ep80
How to Start, Scale, And Sell Your Business What defines an entrepreneur who is able to start, scale, and sell an extremely successful business? Business development requires more than just a strategy; it requires a good plan, a good team, and sufficient financials. In this episode of the Page One Podcast, Luke Peters speaks with Chris Gules, a veteran entrepreneur and sales expert with multiple successful ventures. He has done it all from how to start, scale, and sell your business. He grew up as a leader in an entrepreneurial environment and used his skills to build multiple companies while maintaining a social conscious to help others. He explains how after scaling and selling a high-performing business, he is now focused on helping other entrepreneurs walk the same path. Listen in to learn how trust and communication between you, the business owner, and your employees affects your business positively. You will also learn about the power of using technology as a tool to help work on your business. Key Takeaways: How to use technology to create a business system that is based on bettering customer service and experience. The importance of effective message communication within a business to move forward faster. The value of investing in technology as an essential tool to scale your business. Understanding the factors that define the multipliers that make your business sellable. Episode Timeline: [1:45] Chris narrates his entrepreneurial journey that started at a young age before he started growing and selling companies. [4:00] He explains how he started a business with a plan of selling it and worked towards ensuring its success long after he exited. [5:37] How he utilized his ability to start and scale a business before selling to his advantage of financial freedom and early retirement. [7:06] How his former company used technology to better transportation logistics. [13:02] How to start and scale a business with the right plan, team, and financials if you want to sell it later. [16:25] How Chris helps business owners realize what their maximum gains can be on scaling their businesses in all aspects before they can sell it. [18:44] The business development strategy that he uses to help business owners work on their businesses. [20:49] The importance of communication and trust between the business owner and employees to help move the business forward. [26:15] How to utilize the appropriate technology to help scale your business exponentially. [32:53] Chris explains the factors you should put in place before selling your business, plus how he sold his business with a nine PowerPoint slides presentation. [40:20] He shares why Carpe diem is his living philosophy. [42:36] Why a portion of your proceeds and energy as an entrepreneur should go to charity. Quotes: "Not how much I sell, but how much I make.”- Chris [14:39]
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How Malcolm Fontier learned from a failed business to build a brand focused business – Malcom Fontier Ep79
01/22/2021
How Malcolm Fontier learned from a failed business to build a brand focused business – Malcom Fontier Ep79
Why You Should Build A Business Around Your Passions Thinking of starting a business, how about starting one that aligns with your passion? The truth is that you’re more likely to succeed in what you enjoy doing than in something you don’t. In this episode of the Page One Podcast, Luke Peters speaks with Malcolm Fontier, an industrial designer environmentalist and the founder of Pakt & SeaHive. Pakt creates thoughtfully designed and responsibly sourced travel accessories, while SeaHive helps prevent plastic waste from entering the oceans. Malcolm explains the lessons he learned from a failed business and then designed a business built around his passions. Listen in to learn the importance of a work-life balance to ensure you remain efficient and productive in both areas. You will also learn why having fewer options in your business will make it easier for you to operate it successfully. Key Takeaways: The importance of developing a work-life balance to ensure efficiency and forward progress. Understanding how having fewer options in your business make running things easier and efficient. How to create a brand that is more human and is focused on creating great relations with its customers. The power of optimizing and delegating to be productive, not just busy. Episode Timeline: [1:46] Malcolm explains the travel products his business produces, plus the direct-to-consumer business strategy they use. [4:16] He describes his small team and the tech tools they utilize to run the business. [6:10] How they give priority to profit margins, sales margins, and producing quality products as their three main KPIs. [9:00] Malcolm narrates what led to the failure of his first business and how it contributed to him venturing into sustainable travel bag production. [14:58] How Malcolm balances his work and life by giving his all to both. [17:18] Why he doesn’t think of his business as a lifestyle business but as something they can build and hopefully sell in the future. [19:37] Malcolm explains the few options that have made business operations easier for him. [21:59] How to establish a community of customers around good and long-term relationships. [26:18] He explains why they focus on being profitable on the first order and breaks down the conversion rate of their products. [30:59] Why you should pursue a business that aligns with your passion, plus work smart to free up your time. Quotes: “Whatever business you’re going to pursue, make sure that the core business activity aligns you’re your strengths and interests.”- Malcolm [31:01]
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The Digital Content Marketing Strategy Playbook with Bernard Huang EP78
01/15/2021
The Digital Content Marketing Strategy Playbook with Bernard Huang EP78
How to Write Dominating SEO Ranking Content + How to Successfully Bootstrap Your Business SEO has for a long time been a defining factor when it comes to content marketing for brands. It is crucial for ranking on that coveted first page of Google search results. But what if you’re doing it wrong by thinking it will do it all to market your brand? In this episode of the Page One Podcast, Luke Peters speaks with Bernard Huang, the co-founder at Clearscope. Clearscope is an AI-powered platform that helps brands create higher quality content and drive more organic traffic. He explains the importance of creating highly relevant content that targets the right audience on specific platforms. Listen in to learn why Google is set on promoting user intent and converting content rather than clickable content. You will also learn about the difference between bootstrapping your business and taking on an investor. Key Takeaways: Factors to consider when thinking SEO for your product that goes beyond the content you put out. Understanding Google’s future SEO strategy that will highly depend on user experience and results. How to overcome the competitive barrier by choosing an underserved niche that is SEO focused. How to successfully bootstrap your business rather than take on investors. Episode Timeline: [1:43] Bernard explains how Clearscope helps check if your content has accurately covered the subject matter. [4:34] How to align your content with user intent and Google to have higher chances of ranking on the first page. [7:16] Why content won’t do it all to help rank your product in search. [10:23] The factors to put into consideration when creating content for your brand, especially in its early stage. [14:49] Understanding the mistakes you should avoid when creating content for your brand. [18:54] Bernard explains what Google’s present and future look like for SEO and content searchability. [27:35] He narrates a story of one of his clients who successfully chose a less competitive niche to market his brand through content. [32:23] Bernard’s advice of whether to bootstrap or take on investment when looking to grow your business. Quotes: “The difference between bootstrapping and taking on investors is your own awareness of what kind of company you want to build, and why you want to build it that way.”- Bernard [37:57]
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Moving your Product Manufacturing to Mexico – BRH2 Plastics – Ryan Fernandez EP77
01/08/2021
Moving your Product Manufacturing to Mexico – BRH2 Plastics – Ryan Fernandez EP77
All You Need to Know About Manufacturing in Mexico and Its Logistics Think about all the manufacturing logistics and production processes moved from China to somewhere closer to home. Doesn’t it sound fantastic and much easier to have production costs and time reduced significantly if everything was moved to Mexico? Yes, Mexico! In this episode of the Page One Podcast, Luke Peters interviews Ryan Fernandez, the CEO and co-founder of BRH2 Plastics, a plastics injection molding factory based in Hermosillo, Mexico. He was the CEO and Co-Founder of Boon and Keen Distribution, now referred to as BKD – a subsidiary of Tomy, following the full asset sale to Tomy Inc., a publicly-traded company in Japan in August of 2011. He shares a detailed description of what it means to manufacture from Mexico and how it has significantly made things easier for them at BRH2 Plastics. Listen in to learn how a business-based relationship between the US and Mexico could mutually benefit the two neighbors solving many of their differences. You will also learn the importance of creating a management style that focuses on people’s growth without also delegating excess authority. Key Takeaways: The importance of building relationships that will help make things easier when buying or setting a factory outside of the US. How to create a style of management that cares for its people and their growth within an organization. How manufacturing in Mexico has made things easier in production, time, and cost compared to China. Finding out how to partner with shipping companies with much better rates than small business rates. How not to give a sense of authority to people beyond what their sense of authority should be as a leader lest it backfires. Episode Timeline: [2:46] Ryan explains how he and his team brainstormed to make manufacturing less painful by doing it closer to home. [6:16] The logistics that were involved to make setting a factory in Mexico possible- from relationships to money. [8:45] He explains the time it took them to start manufacturing and the types of products they manufacture. [13:03] How Ryan handles financial strategies as his partner Hector handles the day-to-day operations on the ground. [15:01] He explains how they’re working towards improving the management style to be about the people. [18:58] How the supply chain is changing from China and China plus one; to a possibility of completely replacing China. [20:46] The advantages of manufacturing in Mexico over China in terms of time and cost. [22:45] He explains how they handle the production process plus the production model they follow from when the order is made until its delivered. [30:38] Learning how to properly handle shipping and getting better margins from shipping companies. [33:32] The importance of a business analyst in analyzing the product trends and recognizing what is of importance in your business. [37:16] Ryan describes what he believes were his biggest mistakes in business. Quotes: “The art of delegation is vital and the art of me having people feel fantastic inside the organization, but I’ve learned that you can take that too far.”- Ryan [38:59]
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Launching a DTC Digitally Native Brand from Scratch – Gekks - Christian and Justin Arquilla Ep76
01/01/2021
Launching a DTC Digitally Native Brand from Scratch – Gekks - Christian and Justin Arquilla Ep76
The Advantages of a Direct-To-Consumer Marketing and Selling Approach for Small Brands How can you scale your business with a solely direct-to-consumer approach? Having a unique product that has a competitive advantage coupled with an excellent online and offline marketing strategy is what will help you scale without involving a third party. In this episode of the Page One Podcast, Luke Peters interviews brothers Justin and Christian Arquilla, the co-founders of Gekks brand. Gekks is a growing brand of patented low profile no smell socks. Justin is an entrepreneur, husband, and father of three with a finance background. Christian has a background in private equity and restructuring consulting, he’s a dad of three under 4-year old’s, and a husband. They talk about the idea of starting Gekks and the strategies they’ve put in place in each of their roles to establish a strong brand that is Gekks. Listen in to learn why raising capital before scaling a business is a much better strategy than doing it after. You will also learn the power of a direct-to-consumer approach to help engage your customers and potential customers. Key Takeaways: How selling directly to consumers without third parties helps with direct contact with them and remarketing campaigns. The importance of engaging potential customers to help get your business out there and make sales. The importance of establishing a direct-to-customer channel where you can track sales. The advantages of using an internal marketing team over an agency. Episode Timeline: [2:00] They explain what Gekks socks are all about. [3:44] Christian explains his role in sales and Justin’s operational role, plus the team that makes up Gekks. [4:46] How they solely handle their fulfillment and shipment on all their orders saving thousands of dollars a year. [7:59] The inexpensive ERP systems they use to handle the business side of things. [9:11] Why Gekks is currently not relying on Amazon and is still making huge sales online. [11:19] They explain the problem they’re having with the reorder rate and how they’re trying to solve it. [14:37] Where the idea for the no smell Gekks socks came from, plus how their sales shifted from mainly male in 2017 to now making more sales from female customers. [18:32] The three things you need to implement for your business to succeed in this day and age. [21:11] The challenges of getting impressions on social media and Google ads over the last few years. [25:21] How to use engaging branded surveys as a way to attribute sales from the customers. [30:58] They explain how they have built an internal marketing and advertising team that outperforms any of the agencies they have used before. [33:04] The mix of suppliers nationally and internationally that Gekks uses. [36:03] How to approach direct to consumer and third-party selling in 2021 as a new brand owner. [38:29] Christian explains why not raising money at the beginning of their business was the biggest mistake they made. [40:08] The advantage of raising capital before scaling a business over doing it after you’ve already started scaling it. Quotes: “If your product isn’t amazing and doesn’t have a competitive advantage, people aren’t going to come back.”- Christian [39:34]
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Sales Team Management Secrets and Leadership Lessons – Bridget Lasda EP75
12/25/2020
Sales Team Management Secrets and Leadership Lessons – Bridget Lasda EP75
How to Drive for Sales Teams’ Accountability and Distributor Sales with Bridget Lasada How are you driving for good sales leadership and accountability in your company? A great sales team is able to account for their progress and challenges with each other. In this episode of the Page One Podcast, Luke Peters interviews Bridget McCarthy Lasda, the Chief Customer Officer of King Juice Company- the owner of Calypso brand of lemonades, limeades, and teas. She’s a knowledgeable executive with a demonstrated history of working in the food and beverage industry and brings 18 years of experience to her current role. She talks about her tremendous experience having worked with big companies like Coca Cola and Heineken sales teams. Listen in to learn the importance of delegating tasks and giving people opportunities to do a great job as a sales leader. You will also learn why a small company like Calypso finds it advantageous to work directly with distributors over retailers. Episode Timeline: Creating sales teams’ accountability tools to share their progress and the challenges they’re facing. The importance of delegating tasks as a good sales leader and giving people opportunities to do the job. The difference between working with a big company and a small company’s sales team. The infrastructure benefits of distributors over retailers for a small sales team. Quotes: “For your sales team to grow sales, then you have to show that accountability and you have to be relentless on that follow-up and holding people accountable.”-Bridget [17:42]
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The Amazon Recipe for Business Growth - Jamin Arvig Ep 74
12/18/2020
The Amazon Recipe for Business Growth - Jamin Arvig Ep 74
Understanding How to Sell and Succeed on Amazon with Jamin Arvig What does your performance on Amazon and other marketplaces look like? It is crucial for your business to be on the best fulfillment methods through a well-thought-out strategy for you to be successful in selling your products online. In this episode of the Page One Podcast, Luke Peters speaks with Jamin Arvig, a thought leader in the world of Amazon who has spoken on Amazon topics at many industry conferences. He is the chairman of the YPO Amazon Group and is one of four co-founders of OnlineMerchantsGuild.com, which is a trade association that represents sellers and vendors on Amazon. He’s the co-founder of AI commerce which powers profitable growth for manufacturers brands, large resellers that are trying to own the online channel before they’re disrupted. Jamin also founded US Waters Filters, the leading online source for water and air filtration products. Listen in to hear as Jamin explains the different sales options that exist in marketplaces and their distinct shipping options. You will also learn how the Amazon algorithm works and the efforts you can make to drive traffic towards your products. Key Takeaways: The benefits of using FBM selling and shipping options over Amazon. The importance of getting the Amazon prime badge to help boost your traffic and sales as a 1P vendor. The benefits of establishing and improving the product, marketing, and fulfilling differentiators to keep winning on Amazon. Episode Timeline: [2:11] Jamin describes the capabilities he provides to succeed on marketplaces like Amazon in the US and abroad. [4:19] Understanding the difference between 1P and 3P and FBA and FBM and how they all play together in marketplaces. [9:15] Why Amazon is the best option for selling and shipping small and light products considering their next day service. [14:58] Factors to consider when choosing either 1P and or 3P selling and shipping options. [19:47] How the Amazon system works to drive traffic to 1P and 3P vendors. [25:05] Why Amazon isn’t likely to give ground in the next five years. [29:11] The Amazon ‘recipe’ to success through smart cost lowering and advertising. [33:39] Jamin explains important marketing differentiators that you can apply to drive traffic to your product on Amazon. [36:35] The challenges of having a prime badge that makes a seller fulfilled prime account beneficial. Quotes: “There are ways to drive traffic with the content and there are ways to drive conversion rate depending on how the content is written.”- Jamin [35:07]
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The 4Cs Of Influencer Marketing Strategy for Brand Building -Patrick Lynch Ep73
12/11/2020
The 4Cs Of Influencer Marketing Strategy for Brand Building -Patrick Lynch Ep73
How to Utilize the 4Cs Influencer Marketing Strategy to Create Winning Campaigns for Your Brand with Patrick Lynch How well are you utilizing influencer marketing to market your brand? Influencer marketing has proved to be very effective in giving results over the last few years and is budget-friendly compared to traditional marketing. In this episode of the Page One Podcast, Luke Peters speaks with Patrick Lynch, a professor of analytics and leadership for industry 4.0 at the Thunderbird school for global management including how technology and analytics impact customer behavior and brands. He was previously a research fellow in Accenture Think Tank, the institute for strategic change where he pioneered methods for measuring shopper attitudes and behaviors. Listen in to learn how influencer marketing can help you create very targeted and customized marketing campaigns. You will also learn how shopper behaviors and patterns over the pandemic changed and how small to medium brands are taking advantage of that to get out there. Key Takeaways: How to measure campaign results with types of engagement and evidence instead of ROI. How to create co-operative relationships with influencers to do things you can’t do. Why people tend to trust third parties talking about a product more than the brand doing it themselves. The 4Cs to look for when considering influencer marketing for your brand. How the pandemic changed shopper behaviors and patterns plus how brands changed to adjust to consumer needs. Episode Timeline: [4:56] The importance of influencer marketing as a part of a business’s promotional mix. [6:50] How to take advantage of human visual-context to use imagery when marketing on a social media platform. [9:51] Creating effective social media campaigns by use of relatable images and attracting the right attention. [13:21] Patrick explains new ways you can measure things and think about metrics. [18:24] How to have evergreen marketing materials that are customizable to your audience to create a winning campaign. [22:19] The advantage of using influencer marketing to create clear, clean, concise, and captivating campaigns as opposed to using traditional marketing agencies. [25:56] He explains the upsides and downsides of using influencer marketing and digital marketing agency. [30:40] How to get started in influencer marketing by utilizing yourself or employees to create authentic marketing materials. [34:28] Patrick talks about the shoppers’ survey results he and his team conducted during COVID. [38:20] How small and medium brands changed what they were doing to match consumer needs during the pandemic. [42:29] The importance of having a comprehensive on-me channel strategy to drive customers off the market place to your curated store. Quotes: “Measurement is the only true change catalyst and attention is the only true value indicator.”- Patrick Lynch [30:51]
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How a passion for cooking became the Abbio Cookware D2C Brand - Jonathan Wahl EP72
12/04/2020
How a passion for cooking became the Abbio Cookware D2C Brand - Jonathan Wahl EP72
Affordable professional-grade cookware – with Jonathan Wahl Episode Summary Do you have a passion for home cooking but can’t afford high-quality equipment? With Abbio, you can take your home cooking to the next level without breaking the bank. In this episode of the Page One Podcast, Luke Peters speaks with Jonathan Wahl about cookware, how he has managed to set his business apart from others, and running a successful Direct-to-Consumer business remotely. Jonathan is the founder and CEO of Abbio, a direct-to-consumer kitchenware brand. The business stems from his lifelong passion for home-cooking and the frustration of not being able to find high-quality, high-value cookware. Their mission is to inspire home-cooks by providing affordable high-grade kitchenware, recipes, and educational tools. Listen in to learn the importance of having a good team, how to plan a successful product launch, and how to leverage influencer marketing. Key Takeaways • Why having a larger cookware set doesn’t necessarily mean you’ll be more successful. • The importance of having a good team. • Understanding business systems for running a successful business remotely. • Understanding some of the important KPIs to track. • Understanding influencer marketing and managing engagements. Episode Timeline • [02:28] Jonathan tells us about “the set”, and how they’ve constructed their products to ensure durability and affordability. • [03:17] Jonathan talks about his team, distribution, and how he’s managing his business remotely. • [04:45] The three KPIs that are the most important to Jonathan and his business. • [06:35] Jonathan shares which business systems he uses to run the business remotely. • [07:43] Why Jonathan got in to kitchenware. • [09:53] Jonathan elaborates on where they do their sourcing and production. • [10:58] Jonathan explains why he decided to bypass Amazon and go Direct-to- Consumer. • [14:07] Jonathan’s strategy on launching products. • [16:33] How they’re doing influencer marketing, finding influencers, and managing engagements. • [19:22] The steps for a successful product launch. • [23:31] Building a remote team to be successful. • [26:31] Jonathan gives his views on the different variations of non-stick pans and the health safety of their non-stick pans. • [29:02] How their non-stick pans were constructed to facilitate food searing. • [31:06] Their biggest win this year, and the lessons they learned. Quotes “It’s making sure that you come into the market with an incredible product and then getting feedback from your customers validating that it is, in fact, an incredible product.” – Jonathan Wahl
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From Single Mom to Building Massive Growth with Packit Freezable Lunch Bags – Melissa Kieling EP71
11/27/2020
From Single Mom to Building Massive Growth with Packit Freezable Lunch Bags – Melissa Kieling EP71
How to Build a Strong Brand Awareness and Effective Company Culture- With PackIt CEO Melissa Kieling What is more important for a new brand; massive revenue or brand recognition? Brand recognition goes a long way especially for a product-based company with an original product that’s looking to be noticed by retailers. In this episode of the Page One Podcast, Luke Peters speaks with Melissa Kieing, who is the CEO and founder of PackIt. PackIt is the world’s original freezable lunch bag that grew to become a household name. Melissa came from a humble beginning as a struggling single mom to a CEO of the number one fastest-growing women-owned business in Inc. 500 2014. She explains how she utilized the main stream media to create awareness and recognition around her brand for 2 years straight before she got a retailer. Listen in to learn why it is important to have an entrepreneurial drive and passion to grow your business since it doesn’t feel like work. You will also learn how you can create a strong and effective company culture that involves employees as a huge part of the company. Key Takeaways: Embracing an entrepreneurship spirit with employees and giving each team member the responsibility of managing their workload. The importance of having entrepreneurial drive to enable you to scale your business amid many responsibilities. How to be comfortable with taking chances and educating yourself to make the right decisions for your business. How to build a brand through media to get the attention of consumers and retailers. The power of an effective company culture that involves employees and making them part and parcel of the day to day operations. Episode Timeline: [2:04] Melissa explains how she founded her product- freezable lunch bag- as she was struggling to pack her children healthy food plus where they’re distributed across the US and internationally. [3:42] She describes their team; how they operate with an entrepreneurial spirit, their operational model, and manufacturing in China. [6:20] How they keep in track with the profitable and nonprofitable sales opportunities. [7:57] Melissa explains how she was driven by a passion to keep her business soaring even with the responsibility of being a single mom. [9:58] She praises the woman who has been assisting her all these years and explains how she has contributed to her success. [11:04] How she learned to be confident as a businesswoman by picking herself and learning from her experiences, not a set roadmap. [13:32] The importance of seeking help and asking silly questions especially for women business owners. [14:43] The struggles she went through when pitching to many retailers when she first began and how they used the media to get to the consumer. [2:18] Why she took on a financial partner to help deal with the massive demand and growth. [24:07] How and why they transitioned from a retail business to a wholesale business. [25:20] She describes the company culture they have at PackIt that gives employees an excellent work environment and allows them to be part of all company’s operations. [28:33] She talks about the product they’re developing working with the eCommerce grocery delivery companies to expand their reach in a renewable and sustainable manner. Quotes: “Once you humble yourself and realize that you can make it happen, you can create your own path.”- Melissa [12:36]
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The Art of Social Media Influencer Marketing- Justin Blaney Ep70
11/20/2020
The Art of Social Media Influencer Marketing- Justin Blaney Ep70
Perfecting the Art of Influencer Marketing- Justin Blaney Thinking of using social media to market your brand, how about influencer marketing? Influencer marketing is a fairly new industry yet ever-changing and important for getting your brand out there in front of thousands of potential customers. In this episode of the Page One Podcast, Luke Peters speaks with Justin Blaney about how businesses can approach and utilize influencer marketing as a form of advertising their products. Justin is a speaker, entrepreneur, and bestselling author of 15 books. He’s also a professor at the University of Washington and is followed by a million people on Facebook/ Instagram. Listen in to learn how to approach influencers on social media to market your product. You will also learn the ways you can track your progress and why your marketing campaign will only be successful if you delegate it to people who get social media. Key Takeaways: The power of delegating tasks in helping you keep track of things and details. How to track metrics when using influencer marketing to understand your progress and improve where you can. The magic of creating viral content that happens through online sharing. The importance of creating authentic long-term relationships with influencers on social media. Episode Timeline: [2:07] Justin talks about the course he created at the University of Washington called ‘influencer marketing’ and other phases of his career which include being an author. [4:22] The integrated parts of Justin’s life and how he found a system of hiring good people that help him keep a system. [6:26] How COVID-19 has unpredictably changed his life both positively and negatively. [9:25] How to get started in influencer marketing as a business by learning how to delegate it to someone who already knows about social media. [14:49] How to have a tracking metric when using influencer marketing for your business to know whether it’s working or not. [19:05] He explains how sharing is everything- the science behind it and how content can become viral. [25:40] How to approach influencer marketing and develop authentic long-term relationships as a brand with influencers. [31:03] Justin mentions the best social media platforms to advertise on for B2C and B2B businesses. [32:40] The tools to use to find influencers online and how to approach them. [37:12] YouTube versus Instagram- why none is better than the other and it all depends on the product and the approach. Quotes: “Social media is still about authentic relationships, including the relationship between influencers and the brand- that needs to be authentic too.”- Justin [28:50]
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Buy, Don’t Build A Company- With Serial Entrepreneur - Roland Frasier Ep69
11/13/2020
Buy, Don’t Build A Company- With Serial Entrepreneur - Roland Frasier Ep69
Buy, Don’t Build A Company- With Serial Entrepreneur Roland Frasier Are you thinking of selling your business or maybe buying a business to expand your investment portfolio? You can do so on the sidelines coaching the management team with strategy and still scale higher with the businesses In this episode of the Page One Podcast, Luke Peters speaks with Roland Frasier about company acquisitions strategies and how he manages to be a serial entrepreneur investing in multiple businesses. Roland is co-founder and/or principal of 5 different Inc. Magazine fastest-growing companies. He’s a serial entrepreneur who has grown 24 businesses with adjusted sales ranging from $3 million to under $4 billion. He is the current CEO of All Channels Media, LLC, and principal in Scalable.co, DigitalMarketer.com, Traffic & Conversion Summit, and more. Listen in to learn the seven major categories you can approach the acquisition of both companies and assets. You will also learn the importance of strategy over technical skills in the success of a business. Key Takeaways: Understanding the system to follow when looking to acquire assets or a company and identifying their existing benefits. Understanding why business owners stay after selling control of their businesses and why you should stay after selling the majority of your business. Why you need to only be good at strategy and not the technical skills to be successful in business. The strategy of buying and selling businesses by not working in or out of them but above them. The importance of understanding part of business operations to be a good investor. Episode Timeline: [3:12] Roland describes how he works toward being his own investment banker and private equity firm plus working as a coach to CEO in companies he invests in. [5:18] He explains why it is better to buy than start a company to avoid the failure rate that exists while starting a company. [7:27] The seven major categories of assets and companies and how to approach each when looking to acquire. [12:53] Roland explains the types of businesses he invests in and those he stays away from. [17:09] The nine different ways you can run your business passively- handing management over to others. [22:21] Why Roland describes strategy as the most important skill that anyone needs to be successful in business. [24:08] The strategy that Roland and his partners use by investing in a competent and temporary team to help get a newly acquired company on track before they leave. [27:36] The KPIs that Roland and his team look at quarterly through dynamic goals. [32:54] Roland explains why he’s not a passive real estate investor or business owner but rather the businesses occupying a portfolio slot in his overall investment portfolio. Quotes: “If I could only pick one skill to have to be successful in business, it would be to be good at strategy because those technical skills are hirable.”- Roland [23:19]
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Building Your Own Global Company After 22 Years As An Executive – Bill Endres Ep68
11/06/2020
Building Your Own Global Company After 22 Years As An Executive – Bill Endres Ep68
How Select Brands Licenses Products with Prestigious Brands Plus the eCommerce Space After COVID-19 Do you want your product to be recognized and be competitive in the market after licensing? Then think of brands that will bring value and prestige to your product, not just any name. In this episode of the Page One Podcast, Luke Peters speaks with Bill Endres, the owner of Select Brands. Bill decided to leave a career at the executive level after 22 years and now develops private label and licensed products selling to some of the largest mass retailers in the world. He also conducts business with his two sons each contributing differently within the company. Listen in to learn how the pandemic has unleashed benefits for some industries in the areas of eCommerce and the direct-to-consumer market. You will also hear how companies like Select Brands are going about finding and utilizing manufacturers outside of China. Key Takeaways: How they utilize each employee’s capabilities from the US to China through collaborations. How the pandemic has positively impacted eCommerce in certain industries. The importance of collaborating with brands that bring value and prestige to your product and not just a name. The benefits of focusing on what you’re good at as a company and not trying to be everything to everyone. Episode Timeline: [1:55] Bill explains the products they develop- kitchen appliances and other products they do private labeling and licensed brands. [3:14] The unexpected demand they saw during the Coronavirus pandemic after eCommerce took off. [5:00] Bill explains the COVID-19 measures they still have in place to combat the virus. [7:05] He explains how they found manufacturers outside China and the time challenges they’ve had due to the production complexities of their products. [9:28] He explains the size of Select Brands as an international company and the unique operational strategies they use. [10:55] How they all collaborate to complete a project and the complex process of manufacturing that takes a year. [14:59] How eCommerce and direct to consumer model has created opportunities for Select Brands to offer new concepts to consumers. [17:47] Bill explains how and why they moved from the executive level and started developing their own products. [21:00] He narrates how he found funding to put Select Brands up and running. [25:09] Bill describes the licensing process and the lessons he learned in investing his product with valuable brands. [29:57] The lessons Bill learned from his father about business and the roles his two sons contribute to the company. [34:10] Learning not to be everything to everyone and rather concentrating on one product you’re good at as a company. Quotes: “It’s not just putting a name on a product; it’s having a name go on a product that people can recognize that what the value and the utility is and what prestige that brand brings to that product.”- Bill [25:47]
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Stock Market Analysis – Before And After The 2020 Election - Bryan Piskorowski Ep67
10/30/2020
Stock Market Analysis – Before And After The 2020 Election - Bryan Piskorowski Ep67
The Investment Market Status in 2020- with Bryan Piskorowski It is evident that 2020 has been a hard year for not only the US economy but also the global economy and many sectors have shifted in one way or the other. It is important to note that the current inflation no matter how small has had either long-term or short-term impacts on your investment portfolio. In this episode of the Page One Podcast, Luke Peters speaks with Bryan Piskorowski on the current investment market and the state of the economy. Bryan is the Managing Director, Head of Advice and Investment Guidance at Wells Fargo Asset Management. He is an accomplished wealth management executive with a proven track record of redefining advice delivery and portfolio implementation. Listen in to learn what you need to know before investing in bonds in the current economic climate. You will also learn the importance of having an asset manager to help manage your portfolio and save you from emotional breakdown especially now during these unstable economic times. Key Takeaways: Why there’s no chance of hyperinflation due to the 2020 pandemic due to lack of rush in the growth of resources. How to be creative when investing in bonds to continually make money in the current economic climate. How COVID-19 has changed different sectors’ performance in the last 12 months and how people are now doing business. Episode Timeline: [1:44] Bryan describes his career for the last 25 years understanding clients’ needs and building new investment products at Wells Fargo Asset Management. [5:05] He explains the chances of inflation that exist in our economy in 2020 and 2021. [11:36] Why lack of stimulus packages won’t bring the economy down but will impact equity prices and the evaluation of equity risk. [16:24] The importance of having liquidity and short-term credit risk to get past the current inflation in your business. [19:30] Bryan explains the risks and advantages of investing in bonds in the current economic climate. [26:09] The potential of having gold as a way to diversify your investment portfolio. [29:42] How the unnatural buyers were brought out of the dollar market and the state of the USD currency. [34:10] The impact of COVID-19 in different industries plus the favorable and unfavorable areas to invest in. [43:08] The volatility of the 2020 market and how to remain optimistic by having an advisor to help manage your portfolio. [47:10] How to use your past successes and lessons to navigate your future. Quotes: “If you know your history, you’ll have a much better chance of being able to navigate the future.” [49:30]
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How to Build A D2C Website business that works - Kevin Urrutia Ep66
10/23/2020
How to Build A D2C Website business that works - Kevin Urrutia Ep66
How to Make Sales on Your Website and Social Media Your business is currently doing well in sales on Amazon and other places like that, but your website isn’t making any sales, and you’re looking for ways you can improve it to start making those sales, right? Well, you will need a well-thought-out recipe to improve your website and possibly a social media campaign to get full benefits. In this episode of the Page One Podcast, Luke Peters speaks with Kevin Urrutia about social media marketing and how to improve a website and start making sales online. Kevin is a serial entrepreneur, build brands across multiple industries where he generated $50 million a year in revenue, a podcast host, and the founder of Voy media. Voy Media is a social media advertising agency that helps brands scale with paid social at record speeds. Listen in to learn the importance of being creative in the social media platform that you advertise on to get the right traffic to your website. You will also learn how hiring great and positive people to be part of your team helps you grow your business. Key Takeaways: How to use creativity in your social media campaign to ensure traffic and sales on your website. The importance of having a profit margin as your measurable value during a social media campaign. Learning the skill of hiring great positive people that help grow your business. Episode Timeline: [1:39] Kevin shares about his book and podcast that are all about digital marketing and spending money online. [3:25] He talks about how Voy media works on the creative side of paid social media advertising for companies. [7:55] The recipe to put in place to start selling on your website. [12:53] Why it is important to be creative on the platform you’re advertising on to get traffic to your website. [18:07] The two crucial people that you need on your team when doing a social media campaign. [20:02] Why your KPI when doing a social media campaign should be about metrics and numbers. [23:15] Why the future of eCommerce is about forming return customers. [25:13] How they’re partnering with influencers to create content for luggage companies to make organic sales. [26:31] How Kevin has learned not to forgo opportunity cost when hiring great people for his team. [27:56] The hiring process that Kevin uses- considering references of the candidate. Quotes: “Truly hiring someone that’s great is really going to help you improve your business.”- Kevin [27:09]
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From Startup to Global Leader - The Legacy Companies – Neal Asbury EP65
10/16/2020
From Startup to Global Leader - The Legacy Companies – Neal Asbury EP65
Entrepreneurship 101: Practical Business Strategies by An Expert Did you know that you can achieve your 10 years of business goals in 6 months through merger and acquisition activities? Interesting, isn’t it? But before buying a business, you have to know how to organically grow it and provide value to shareholders. In this episode of Page One Podcast, Luke Peters speaks with Neal Asbury about his manufacturing and exporting of kitchenware business. Neal is the CEO of the Legacy Companies, a diversified group of businesses engaged in manufacturing and distribution and doing business in over 130 countries. He also hosts a weekly national syndicated radio show called Neal Asbury’s Made in America. Listen in to learn the importance of opening up of foreign markets to the American entrepreneur. You will also learn about the strategies you need to consider if you’re thinking of mergers and acquisition activities. Key Takeaways: How COVID-19 has changed the remote working spectrum presently and the unforeseeable future. How mergers and acquisitions help with faster growth of a business and factors to consider before jumping into it. The importance of having business liquidity and cashflow. Finding a better public company in your area of operation to benchmark against and shoot for what they’re shooting for. The importance of opening up foreign markets to American manufacturers. Episode Timeline: [2:40] Neal describes his background in manufacturing and what the Legacy Companies do as a manufacture and exporter of kitchen appliances sold to the consumers and the commercial market. [4:49] He explains his companies’ experience during the COVID-19 pandemic; remaining open and most employees working remotely. [7:55] How remote working has worked out in the manufacturing industry and its impact on sales. [16:54] He talks about how Legacy Companies was built with 70 percent coming from mergers and acquisition activities and 30 percent from brands and products he created on his own. [23:12] What you need to think about when considering whether or not to do merger and acquisition work as you grow your business organically. [27:23] The simple practices of cash flow and asset management for business owners. [31:31] The smart strategies you need to apply to your business to start making good money and be attractive to investors. [42:04] Neal explains why managing a big company is the same as managing a small company- both managers strive for success. [44:27] He describes why he wrote his book ‘Conscientious Equity’ where he imagined a world where America would compete freely and fairly. [52:56] Why foreign markets need to be opened up to the American manufacturers to sell in the same way foreign manufacturers are selling to the American market. [1:00:56] Why the government needs to show up for entrepreneurs and open up foreign markets in the same way others have access to the American markets. Quotes: “Whenever you’re building a business, you should be thinking about ‘who would be the buyer of this business’ because we’re not going to live forever.”- Neal [31:38]
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